TERM/START DATE/RENEWAL. Subject to the termination rights contained in this Agreement, the Term (the “Term”) of this Agreement will commence on the initial flow of Energy by RITERATE ENERGY to Customer hereunder (the “Start Date”) (or, if the Agreement is terminated prior to the initial flow, the date of this Agreement) and will continue until the day of the actual or estimated Premises meter reading performed by Customer’s Utility which is closest to end of the Term; RITERATE ENERGY expects the Start Date to occur within 90 days of signing this Agreement. Customer understands that there might be a delay in the start of supply for reasons beyond RITERATE ENERGY’s control, including a delay by the Utility in providing RITERATE ENERGY with requested information or in processing this Agreement. If Customer has a fixed term agreement with RITERATE ENERGY that is longer than 3 months and it is approaching the expiration date, renewal period, or if RITERATE ENERGY proposes to change terms of service, RITERATE ENERGY will send Customer two (2) advance notices either in Customer’s xxxx (if we are billing) or in separate mailings; a) for an electricity agreement the notices will be provided between 60 and 30 days, and; b) for a natural gas agreement, the notices will be provided between 90 and 60 days before either the expiration date or the effective date of the changes. RITERATE ENERGY will explain Customer’s options in these two (2) advance notices, which may include a renewal notice (“Renewal Notice”) at RITERATE ENERGY’s option. For any Fixed Rate Energy, Customer acknowledges that RITERATE ENERGY may automatically renew this Agreement for successive equivalent terms as per the initial Agreement, and unless either party notifies the other party of its desire to cancel prior to the date of expiration, the Agreement will renew for a further term as specified in the Renewal Notice.
TERM/START DATE/RENEWAL. Subject to the termination rights contained in this Agreement, the Term (the “Term”) of this Agreement will commence on the initial flow of Energy by Planet to Customer hereunder (the “Start Date”) (or, if the Agreement is terminated prior to the initial flow, the date of this Agreement) and will continue until the day of the actual or estimated Premises meter reading performed by Customer’s Utility which is closest to, but not after, the fifth anniversary of the Start Date. Planet expects the Start Date to occur within 120 days of signing this Agreement. Customer understands that there might be a delay in the start of supply for reasons beyond Planet’s control, including a delay by the Utility in providing Planet with requested information or in processing this Agreement. Planet may renew this Agreement for successive one year, three year or five year terms if it delivers, as required, a written renewal notice, extended contract, Disclosure Statement and Price Comparison (collectively, the “Renewal Documents”) to Customer no earlier than 120 days and no later than 60 days prior to the end of the Term. The Renewal Documents will include the changes, if any, to the Price and Term of the Agreement. Planet may also, as lawfully permitted, automatically renew or extend the Term of this Agreement for the provision of Gas supply for a period of one year if Customer does not otherwise renew or extend the Agreement or notify Planet that Customer does not wish to renew or extend the Agreement. If Customer is not a Low-Volume Consumer, Planet may automatically renew Customers agreement by providing notice to Customer no earlier than 120 days and no later than 60 days prior to the end of the Term.
